How big is the Private LTE Market | Size, Share & Analysis 2025

Code: MTA8290 Publication Date: Aug 2025

How big is the Private LTE Market?

According to 6Wresearch internal database and industry insights, the Global Private LTE Market was valued at USD 5.1 Billion in 2024 and is expected to reach USD 18.7 Billion by 2031, growing at a compound annual growth rate of 7.20% during the forecast period (2025-2031).

The market growth is driven by rising demand for secure and high-performance wireless networks across industries and increasing adoption of IoT applications, and the shift toward digital transformation and smart infrastructure.

Growth Factors for Private LTE Market

  •  Mission-critical communication systems are becoming more widely used across industries.
  •  Increasing demand for fast and safe wireless connectivity options.
  •  Extension of digital transformation and Industry 4.0 projects.
  •  IoT and connected devices are being used more often in businesses.
  •  Strong backing from the government for the distribution of private spectrum.
  •  Increasing need for dependable connectivity from the mining, transportation, and energy sectors.

Private LTE Market Trends

Private LTE Market is witnessing significant momentum due to its ability to provide secure, low-latency, and dedicated wireless networks for enterprises and public safety applications. Private LTE is being used by businesses to improve operational efficiency, especially in mission-critical and industrial settings.  Innovation is also being fueled by the growing integration of 5G technologies.  Automation-driven manufacturing, logistics, and broader adoption in smart cities are among the trends.  Vendors are providing scalable and secure solutions that can be customized to meet enterprise needs. 

Emerging Developments in the Private LTE Market

Emerging developments in the Private LTE Market include collaborations between telecom operators and technology providers to offer end-to-end solutions for enterprises. Vendors are increasingly launching hybrid LTE and 5G private networks to cater to future-proof connectivity requirements. Private LTE networks are being deployed by sectors like utilities, mining, and oil and gas to facilitate automation, security, and surveillance.  Integration of edge computing and cloud-based management platforms are also becoming more popular.  Policies that liberalize spectrum are also making it possible for businesses to implement private LTE at a reasonable cost.

List of Leading Companies in the Private LTE Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Nokia Corporation

Company NameNokia Corporation
Established Year1865
HeadquartersEspoo, Finland
Official WebsiteClick Here

Nokia delivers private LTE and 5G solutions across industries. The company emphasizes digital transformation through high-performance connectivity and tailored enterprise networking solutions.

2. Ericsson AB

Company NameEricsson AB
Established Year1876
HeadquartersStockholm, Sweden
Official WebsiteClick Here

Ericsson offers private LTE systems for enterprises and critical sectors. It focuses on scalable, secure networks with strong 5G integration capabilities for industrial applications.

3. Huawei Technologies Co., Ltd.

Company NameHuawei Technologies Co., Ltd.
Established Year1987
HeadquartersShenzhen, China
Official WebsiteClick Here

Huawei provides private LTE and 5G enterprise solutions worldwide. The company emphasizes innovation in mission-critical connectivity, IoT integration, and customized communication networks.

4. Qualcomm Technologies, Inc.

Company NameQualcomm Technologies, Inc.
Established Year1985
HeadquartersSan Diego, USA
Official WebsiteClick Here

Qualcomm powers private LTE networks with advanced chipsets and connectivity platforms. It focuses on enabling IoT-driven enterprise applications and high-performance communications.

5. Motorola Solutions, Inc.

Company NameMotorola Solutions, Inc.
Established Year1928
HeadquartersChicago, USA
Official WebsiteClick Here

Motorola Solutions delivers private LTE solutions for mission-critical industries. The company emphasizes public safety, secure communications, and interoperability with enterprise-grade wireless technologies.

6. Samsung Electronics Co., Ltd.

Company NameSamsung Electronics Co., Ltd.
Established Year1969
HeadquartersSuwon, South Korea
Official WebsiteClick Here

Samsung offers private LTE and 5G infrastructure solutions. It focuses on digital innovation with secure, high-speed connectivity supporting industrial automation and enterprise transformation.

7. Cisco Systems, Inc.

Company NameCisco Systems, Inc.
Established Year1984
HeadquartersSan Jose, USA
Official WebsiteClick Here

Cisco integrates private LTE with enterprise networking solutions. It emphasizes seamless connectivity, cloud integration, and scalable digital transformation services for industries.

8. NEC Corporation

Company NameNEC Corporation
Established Year1899
HeadquartersTokyo, Japan
Official WebsiteClick Here

NEC provides private LTE and 5G network infrastructure. The company emphasizes digital enterprise networks, IoT enablement, and next-generation secure communication technologies.

9. Airspan Networks Inc.

Company NameAirspan Networks Inc.
Established Year1992
HeadquartersBoca Raton, USA
Official WebsiteClick Here

Airspan delivers private LTE and 5G solutions for enterprises and governments. It emphasizes flexible deployment, edge computing integration, and industrial-grade connectivity.

10. Athonet (a Hewlett Packard Enterprise company)

Company NameAthonet (HPE company)
Established Year2005
HeadquartersVicenza, Italy
Official WebsiteClick Here

Athonet specializes in private LTE core solutions for enterprises. It emphasizes simplified deployment, security, and integration with digital transformation strategies.

How big is the Private LTE Market : FAQ's

The Private LTE Market is projected to reach USD 18.7 Billion by 2031.
The Private LTE Market is expected to grow at a CAGR of 7.20% during the forecast period.
The industries include manufacturing, mining, utilities, oil & gas, transportation, and public safety.
Regions such as North America and Europe lead adoption, while Asia-Pacific is expanding rapidly with industrial automation and smart city projects.
Major players include Nokia, Ericsson, Huawei, Qualcomm, Motorola Solutions, Samsung, Cisco, NEC, Airspan, and Athonet.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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